The actual unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most simple techniques in the area. In an age where every thing is dominated by technologies and people have advanced systems like horse betting software, this strategy comes into usage very rarely. This is also called the under bet. Because of its primitive nature, there has been several books and articles written on the topic. An overlay occurs whenever a horse goes for a comparatively higher cost than it was forecasted to go. As it has been said, gambling and betting is a matter of opportunity. There is an equal possibility of an expert losing as of a newbie winning. Here is when overlay comes in the game.

The overlay strategy best comes into account when there is a majority of handicappers on the track. Normally, a horse racing betting day begins with the morning line races. The gamblers put in a lot of thought as well as research on picking the morning line choices simply because everybody wants to start the day afresh with a win. However, as the day proceeds, due to continuous losses, people get snappy and therefore are eager to cover up the day�s losses. So, in their desperation these people try to go for overlay, and some of them become successful.

There are many betters who are on the lookout for unskilled betters. These folks don not know anything about the online game. They are lured by some clever people who promise them huge profits by betting. The motive of their false promise is to increase the stakes levels on their bet so that if their own bet wins, their earnings are maximized. For instance, at Park Fairmount in Illinois, lots of people organize parties to attract inexperienced beginners and increase the stakes and thus gain earnings.

The overlay, which essentially means, increased price of a horse independent of their last overall performance mostly occurs due to a concept called soft spot. A soft spot is when the odds in a race do not match the forecasts by the experts. This may happen due to an injury or some other similar factor. If the person has decent knowledge of the game, he will be in a most advantageous position in these kinds of situations.

An additional reason for the occurrence of the overlay concept is that activity bookies bet on various different sports simultaneously. This might result in emptying of their cash resources and thus affect the odds table. An additional factor that could trigger overlay is the prestige of the underdog. There is a significant amount of discussions amongst the betters on the abilities of an underdog. It’s been often observed that the least favored horse wins the race. There is a constant fear amongst the betters of that being repeated. Also that betting on an underdog is considered courageous and increases the social standing of the individual. So, these factors add on to the occurrence of overlay.

So, horse betting overlay is a very important trend in the sports betting field, as it can certainly single handedly turn the furniture of horse gambling. It has the actual potential to turn a winner into a loser as well as vice-versa.